Monday, May 22, 2017

The student debt defaults

About a trillion in liability that comes back to a liability on he senators. It illustrates a point. The senators have been faking it with sham collections that cost way more than collected. This is the insurance payout in progress, and unsustainable. We should have been defaulting the loans sooner, now we end up defaulting the majority all at once. A set of pricing trajectories have been restricted, we one colored and got a large ledge fee. Back to the sandbox condition, free entry and exit. What are the others? Secure endpoint that obeys red/green, fair access to the trade book, no time betting, and auto-traded cash, each pit generally having the even money bot. So, make the student federal loan cash flow account, let it bank in the sandbox and defaults can be priced as we go.

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